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Ralph Ellenberg
  • Hilton Head Island, SC
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Good inexpensive rental market with best potential appreciation

Ralph Ellenberg
  • Hilton Head Island, SC
Posted

Hi everyone! I'm a newbie from Hilton Head,SC. Looking to buy inexpensive small multi-family rentals. There are none here so I'm looking in surrounding markets such Savannah, GA, Charleston, SC or Jacksonville, Fla. Does anyone currently work these markets or have information on them? Thanks

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David Faulkner
  • Investor
  • Orange County, CA
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David Faulkner
  • Investor
  • Orange County, CA
Replied

Inexpensive and appreciation don't normally go together. It sounds like you want a market with a history of very poor appreciation that will suddenly turn the corner and start appreciating at a rapid clip starting the day after you close escrow. I wish you luck on that one ...

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